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Niètaga (Le Succès) Group
In this Group: Saran , Ada , Rokia , Assetou , Aminata , Fatoumata, Baoumou
The group Niètaga is composed of seven women of the first district of the city of Koutiala who have been neighbors for a long time. They average 37 years of age and are married mothers of at least five children each. They generally live in extended traditional families and do different work (selling firewood, local beverages, ice, meals, fruit and vegetables, salt, etc.)


With the goal of expanding their businesses, the group members joined the Soro Yiriwaso loan program this year. Their loan amounts have gone from 50,000 francs CFA for the first loan to 100,000 francs for this third loan, which they plan to use to buy: a truck-load of firewood, sacks of sugar and of rice for making meals, and some salt. What the women offer is in great demand in Koutiala. Experienced in their sectors of commerce, they get their supplies in different towns and marketplaces and have diverse and varied customers.


With this new loan, they intend to realize an average monthly profit of 90,000 francs that will be used to repay the loan interest and to help cover common family expenses.

View original language description ↓
Le groupe Niètaga est un regroupement de sept femmes du premier quartier de la ville de Koutiala qui sont des voisines de longue date. Elles ont en moyenne 35 ans, mariées et mères d’au moins 5 enfants chacune qui vivent généralement dans des familles traditionnelles élargies. Elles mènent différentes activités (la vente de bois de chauffe, les boissons locales et glaces, la restauration, les légumes et fruits, du sel etc.).
Dans l’objectif d’augmenter la taille de leurs activités, les membres ont intégré le programme de crédit de Soro Yiriwaso cette année. Le montant du prêt est passé de 50.000 FCFA au premier prêt à 100.000 FCFA pour ce troisième prêt qu’elles comptent utiliser pour acheter, la contenance d‘un camion en bois de chauffe, des sacs de sucre, de riz pour la restauration et du sel.
Les produits des femmes du groupe Niètaga sont très sollicités dans la ville de Koutiala et elles ont de l’expérience dans leur secteur d’activité. Elles s’approvisionnent dans des localités et marchés différents et ont une clientèle diverses et variées.
Avec ce nouveau prêt, elles comptent réaliser un bénéfice moyen de 90 000 CFA. Ce bénéfice sera utilisé pour rembourser les intérêts du prêt et contribuer dans la prise en charge des dépenses courantes de la famille.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,100
    Average annual income
  • 30
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 498.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Niètaga (Le Succès) Group's $1,425 loan helped a member to buy different items for small-scale commerce.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2009
Listed
Mar 1, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009